URRE
Started by
The End
, Jun 04 2007 04:28 PM
4 replies to this topic
#1
Posted 04 June 2007 - 04:28 PM
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NONE of what I type should be taken as financial advice.
#2
Posted 04 June 2007 - 05:04 PM
Since the MACD made a higher high, and did not diverge with the last price top, you're more than likely looking at a series of 1's and 2's.
Thanks for the post...I'm putting this one on my buy list for tomorrow.
Fib
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#3
Posted 04 June 2007 - 05:15 PM
#4
Posted 04 June 2007 - 05:53 PM
FWIW, am a long term holder and add on any dips (worth taking)
mss
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#5
Posted 04 June 2007 - 06:10 PM
Far and away my single largest holding. Started buying it in March at 7.30. Added more at 7.35, 7.45, 7.48, 9.38 and 9.75, ave 8.01. Haven't sold a share. In for the long-run, meaning a minimum of a year.
Smaller holdings in URZ, which looks like it may get going, and EMU which I sold today for +4 bucks on the definitive merger news. Somebody else can play arb, not me.
The primary reason I loaded up on URRE was the chart. The fact that they actually have current production and cash flow was nice, but the chart was and remains compelling. I speculated on some thread here at the time that it looked to me like there was a good possibility that it might be early in a wave 3. So far, so good.
Also have a bunch of GMO, a molybdenum play, and that chart looks quite similar to URRE. I think it's a long-termer, also. For those who like to shoot craps, GPXM is another moly play, but it's OTC-BB, and I haven't dipped any toes into that water.